EHang Lauds Flight of Pilot-Less Craft - InvestingChannel

EHang Lauds Flight of Pilot-Less Craft

EHang Holdings Limited (NASDAQ: EH) shares tumble Friday, as the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, announced that its EH216 AAV has successfully completed a demo flight tour across four cities in Japan in July and expanded its footprint for the first time into the Kansai region, Kyushu region and Shikoku region after its demo flights in Okayama and Fukushima cities last year.

Notably, on July 18, EH216 made a stunning appearance on the ceremonial day marking the 1,000-day countdown to the opening of the Expo 2025 Osaka, Kansai.

These recent unmanned EH216 demo flights in Japan included over-the-sea flights as well as point-to-point flights, both believed to be the firsts for an electric vertical take-off and landing vehicle in Japan.

On July 6, EH216 performed Japan’s first eVTOL demo flight over the sea for aerial sightseeing in Fukuyama City in Hiroshima Prefecture.

On July 13, EH216 completed Japan’s first eVTOL point-to-point demo flight for air mobility in Oita City in Oita Prefecture. On July 21, EH216 conducted a demo flight carrying 80 kilograms of cargos for logistics transportation in Sakaide City in Kagawa Prefecture.

Other than flight demos, EH216 has also been exhibited in downtown Oita on July 14 to further expand public cognition and interest in UAM for its future operations in Japan.

EH shares handed back 28 cents, or 3.5%, to $7.82.

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